After two months of delay, we continue to wait for Senate Republicans’ next #COVID relief plan. But indications from public officials and news reports are that it will be highly inadequate and fail to meet the needs of a nation reeling from a pandemic and economic crisis. 1/
...Eviction moratoriums are set to expire. A potential tidal wave of evictions looms.
The proposal apparently also fails to increase #SNAP (food stamp) benefits to help people put food on the table. Census data show 26M adults reported in early July that their household sometimes or often didn’t have enough to eat in the last 7 days.
The Senate GOP proposal is expected to cut #unemployment benefits substantially for people who have lost their jobs, increasing hardship and weakening the economy. 1.4M people newly filed for unemployment this week; more than 30M people are unemployed.
And with the virus surging, economic activity is slowing again in many areas.
The proposal fails to provide anything close to the level of fiscal relief that states & localities need to avoid large-scale layoffs & budget cuts that would prolong & deepen the recession, damage education, & harm many who rely on public services. https://www.cbpp.org/research/state-budget-and-tax/states-continue-to-face-large-shortfalls-due-to-covid-19-effects
You can follow @GreensteinCBPP.
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